Gold Is Falling So Hard It Looks Like Capitulation

Gold and other metals have broken down, and charts reveal the panic often found at market at bottoms.

Gold is a falling knife. I am not advising investors try to catch it. The trend is down, and as of today a fairly sizeable technical pattern is broken to the downside.

But there is something intriguing now about the yellow metal, and it has everything to do with fear. Investors seem to be willing to dump their gold holdings en masse even at already depressed levels, following the perceived lead of China, which reported last week that...